Newsweek

Newsweek is a weekly news magazine covering current events and politics in America. Newsweek magazine is published by Newsweek, Inc. and is headquartered in New York, N.Y. It has been published since 1933 and is currently owned by Sidney Harman. Newsweek covers national news and is the second largest weekly news magazine in the United States, behind Time Magazine. Newsweek was founded in 1933 as News-Week by Thomas J.C. Martyn, a former foreign Time magazine editor. At that time, the magazine cost 10 cents a copy and $4 per year. The name changed to Newsweek in 1937 and it merged with Raymond Moley's weekly magazine, Today. Moley was a member of Franklin D. Roosevelt's "Brain Trust" and to distinguish itself from its competition, Time, which had a similar format, Newsweek carved a reputation for itself as being more liberal and serious in tone. It was the first to assign writer by-lines for its editorial columns. The Washington Post Company bought the magazine in 1961 and its liberal publisher, Katharine Graham, continued to set the publication apart from its two main competitors (Time and U.S. News & World Report). Starting in 2008, the company went through massive restructuring and suffered a reported 50 percent in subscriber rate loss in one year and $28 million in revenue in 2009. The magazine was sold to stereo pioneer Sidney Harman, who is husband to California Congresswoman Jane Harman, in August 2010. Newsweek's editor Jon Meacham's resignation from the magazine coincided with the sale. 52 percent of the readership are men and 47 percent are women. The average age of readers is 52 and 88 percent have either attended or graduated from college. The average personal income of its readers is $99,792.In the 1950s, Newsweek became a leader in in-depth reporting of racial diversity and in the 1960s, under then-editor Osborn Elliott, it became a voice for advocacy journalism, where subjective political positions are countebalanced with facts. In August 1976, Newsweek reported that federal investigators had enough evidence to prove that former Teamsters Union boss James Hoffa was strangled to death July 30, 1974, the day he disappeared outside a suburban Detroit restaurant. The article further reported that the murder was planned and executed outside Michigan. In 1998, Newsweek killed a story about White House intern Monica Lewinsky's sexual relationship with President Bill Clinton. The story broke on news aggregate website, the Drudge Report, which reported that Newsweek's reporter, Michael Isikoff, had gathered enough evidence from sources to publish the story and name Lewinsky, when at the last minute the magazine decided to pull it. Newsweek eventually published the story after the Drudge Report made it public. The magazine is reknowned for its investigative war reporting, most recently in Iraq and Afghanistan. Daniel Klaidman is the Managing Editor.

Byline: Michael Ware Hollywood's enfant terrible is back with a new show. Despite 'Anger Management', he's still unhinged, unchanged, and unrepentant. Charlie Sheen the movie star is apprehensive. It's only niggles of a passing unease, spasms...

BUILDERS The software creators and designers who put the soul in the machines. 1 Linus Torvalds Fellow, Linux Foundation The Finnish-American software engineer has said he isn't out for "world domination," but he's on his way after developing...

INNOVATORS The game changers who are remapping the digital landscape. Sergey Brin Cofounder, Google His search-engine breakthroughs made him a billionaire. His mother's Parkinson's disease inspired his current fascination with gene mapping...

NAVIGATORS Defining digital's regulatory boundaries is no country for old bureaucrats. 1 Ron Wyden U.S. senator, Oregon The Internet's favorite senator, Wyden helped kill the privacy-trampling bills known as SOPA and PIPA. His battle...

REVOLUTIONARIES No one creatively subverts the status quo like these rambunctious anti-authoritarians. Julian Assange Founder, WikiLeaks He channeled his hacking habit into a crusade, revealing classified documents on government corruption--and...

VIROLOGISTS In the hive of the Internet, they are the ones who make the buzz. Chris Poole Founder, 4chan Countless Internet memes (like LOLcats and Rage Comics) can be traced back to his image board, founded by Poole at age 15. And so can...

VISIONARIES Everything these c-suiters accomplished looks obvious--after the fact. That's one key to their success. Jeffrey Bezos Founder, Amazon Kickstarting an online empire from his garage in 1994, the Amazon CEO not only revolutionized...

Byline: Trevor Butterworth Steroids are way more dangerous than you think. Between the failed case against pitching legend Roger Clemens and the never-ending investigation into Tour de France phenomenon Lance Armstrong, it's tempting to write...

Byline: Marlow Stern 'The Amazing Spider-Man' star on her reality-TV origins, Ryan Gosling, and creating a teen advice column. I heard your trademark raspy voice came from a childhood malady? I have a hiatal hernia, which is a hernia that...

Byline: Barack Obama The president reflects on the impact of Title IX. Coaching my daughter Sasha's basketball team is one of those times when I just get to be "Dad." I snag rebounds, run drills, and have a little fun. More importantly, I get...

Byline: David Frum They're the worst drivers--and we're too scared to tell them so. If we don't push back, they'll steal our benefits and bankrupt the country. On a sunny October afternoon nearly two years ago, a disoriented 86-year-old Margaret...

Byline: Rob Cox Manchester United's IPO is no winner. If Manchester United kicks off a public stock offering in New York this year, it will likely be touted as a triumph for U.S. capital markets. This is, after all, England's top soccer team,...

Byline: Lloyd Grove America's go-to guy in calculating life's worth. When bad things happen and damages are due, it has frequently fallen on Washington lawyer Kenneth Feinberg to decide how much cash goes to whom--thus his unlikely career as...

Byline: Marina Abramovic On her ill-fated attempt to look like Brigitte Bardot. When I was 14, I thought I looked terrible. I wore these typical Slavic shoes with metal bottoms so you could always hear me coming and this really ugly princess...

Byline: Niall Ferguson What Israel knows, and doesn't know, will change the world. Israel is the land of argument. Each June its president holds a conference in Jerusalem to which people flock from all over the world to argue. Every weekday the...

Byline: Paul Begala If it's good for the country, the motives don't matter. I know it's a lot to ask, but can we please ban the phrase, "He's doing this for political reasons"--at least until after the election? Let's posit that the point...

Byline: Tunku Varadarajan Tartan Kowtow Is Scotland replacing subservience to England with vassalage to China? That is certainly the impression created by the snubbing of the Dalai Lama by Alex Salmond. The Tibetan spiritual leader, in Scotland...

Byline: Nick Summers They've made billions and toppled regimes. Now they want to rewire your world. To paraphrase Gandhi: First they ignore you. Then they laugh at you. Then they fight you. And then--when you black out the sixth-largest website...

Byline: Sam Tanenhaus The alluring bad boy of literary England has always been fascinated by Britain's dustbin empire. Now Martin Amis takes on American excess. England in the 21st century may be an outpost of the United States, thanks to reverse...

Byline: E.J. Graff Child molestation is on the wane. We're all horrified by the recent accounts of child sexual abuse--from the conviction of former Penn State football coach Jerry Sandusky to stories about serial abusers at the elite New York...

Byline: Tarek Masoud As Egypt's democracy fights for its life, Hosni Mubarak is at death's door. There will be no dramatic moment of closure on the era of Muhammad Hosni al-Sayyid Mubarak, the man who ruled and misruled Egypt for 30 years before...

Byline: Abigail Pesta The battle for 'personhood' heats up. It's an awkward moment at the Cheesecake Factory for Keith Mason. Over dinner in Denver recently, his wife, Jennifer, mentions she'll be giving birth to their fourth child in August....

Byline: Tina Brown Two wild men hang out together. One insane celebrity deserves another. The writer of the piece this week on Charlie Sheen is Michael Ware, the blaspheming, crooked-nosed Australian war correspondent whose unnerving reporting...